In 2015 Ripple joined the Federal Reserve's Faster Payments Taskforce ("Set up in 2015 after the Fed recognized the need to spur improvements in payments [declaring necessity/initiative in 2013], the Task Force brought together a diverse group of 320 stakeholders – including banks, regulators, end users and technology companies – to create a roadmap for modernizing the U.S. payments infrastructure") and was selected early on to serve on the Federal Reserve's Faster Payments Steering Committee (only digital ledger technology/blockchain company selected), in 2014 the World Bank and Better Than Cash Alliance (includes governments of 32 countries) put out a report called "The Opportunities of Digitizing Payments." One year later the Better Than Cash Alliance featured only one crypto company on their website, which was Ripple, Ripple are a member of the Digital Euro Association, the Digital Pound Foundation, the Digital Dollar Project, IMF's High Level Advisory Group on Fintech, they are an Infrastructure Innovation Partner (Ripplenet use in crossborder payments) of the Saudi Arabian Monetary Authority, member of Bank of England's Accelerator Program (aim to inform on real time gross settlement), were chosen to work on the Bank of International Settlements' (the central bank of central banks) Project Polaris (emphasis of the project being "secure and resilient CBDC systems, offline and online, May 11, 2023), member of Hyperledger Consortium, is a founding (and only blockchain payments specific) member of the Open Payments Coalition (other founding members being "XUMM" (the main XRPL wallet company by XRPL Labs (now Xaman) and Tangem (the hardware wallet company XUMM partners with))), Polysign (the crypto custody company cofounded by Ripple CTO who is himself one of the original coders of the XRP ledger and before that was a Bitcoin developer), Uphold (the exchange which maintained listing XRP in the US throughout the lawsuit) all also being founding members, is a founding member of the official INATBA on ISO 20022 standards for. digital ledger technologies (also first member in general, while also notably being a blockchain/DLT company), Ripple has an exec on the US Faster Payments Council Working Group (Craig Dewitt), they are a member of Global Payments Steering Group ("first rules based blockchain payment network for global interbank transfers"), member of Crossborder Working Group, member of W3C Web Payment Interest Group and World Wide Web Consortium through Interledger Foundation having gifted W3C the Interledger Protocol (ILP (hard to overstate how huge this is)), they are a Sponsor Member of the Mojaloop Foundation (which uses Interleger Protocol), they are a partner of the Digital Monetary Institute and only company named as a Platinum Partner at the Digital Monetary Institute's CBDC Symposium, May 10-11, 2023 (Gold tier (next level down) partners including Amazon Web Services, Clifford Chance (law firm with no Fintech product, Onyx by JP Morgan (speakers including the Deputy Governor of the Bank of Israel, H.E. Governor of the Bank of Ghana, Director General of the People's Bank of China, Chairman of the European Banking Authority, Deputy Governor of Banca d'Italia (Italy's central bank), Deputy Governor of Banco Central do Brazil (Brazil's central bank), Head of Bank of International Settlements' Innovation Center, a Commissioner of the SEC, Director/International Financials Worldwide Public Sector at Amazon Web Services, Governor of Bank of Mauritius, Economic Secretary HM Treasury, Deputy Governor of Bank Negara Malaysia (Malaysia's central bank), etc. (for full list see: archive.is/q3Om3 ))), Ripple has a former exec (Robbie Mitchnick) hired to oversee Black Rock's Digital Asset's Division, Ripple has a former Treasurer of the US (Rosie Rios, 43rd Treasurer of the US) as a board member, former Secretary of Defense (after being Sec. of Economics and Technology) of Germany (Karl-Theodor zu Guttenberg) as a former advisor, past Deputy General Counsel (and priorly Senior Counsel at the Federal Reserve's Board of Governors (where she "specialized in a broad spectrum of payment system issues including policy analysis of digital assets, stablecoins, and central bank digital currencies and oversight of the Federal Reserve's payment services including the Fednow services," before that was counsel at the Federal Reserve Bank of New York, and serves as Vice Chair of the American Bar Association Business Law Section's Uniform Commercial Code Committee (Debbie Cheng))) was cited by the IMF's paper for cross-border payments (June 19, 2017) and later went on to work at IMF's Fintech Counsel, Ripple hired 2 former Fed lawyers (Norman Reed and Karen Gifford (who was hired on as Chief Compliance Officer)) 8 years ago while establishing their business with traditional organizations and virtually no one else pursuing same, purchased a 100% stake in Metaco (a digital asset custodian/tokenization solution with industry grade standard adherence, mandated for use by 6 of the world's top 10 largest custody banks and a host of other key institutional players use), hired former SWIFT Global Board member and former Head of Payments Innovation at HSBC (Marcus Treacher, hired 2016) as Global Head of Strategic Accounts (who also was appointed (after joining Ripple) as an Indepedent Director of Clearing House Automated Payment System (CHAPS) board (£277 billion daily from its 24 Direct Participants who, in turn, serve over 5,000 financial institutions as Indirect Participants)), brought in former CFO of Amazon (Warren Jensen, hired 5/19/23) as board member and Chair of their Audit Committee, formed the first digital currency for any nation-doing so for Palau (which has no central bank and uses the US dollar and so it is actually in effect creating a national USD stablecoin (issued on the public XRP ledger (as opposed to a private ledger like every other blockchain project with a country except for Stellar Foundation's (foundation formed by cofounder of Ripple, which the native blockchain (XLM) also uses the same consensus mechanism as XRP does (Federated Byzantine Fault Tolerance (fBFT)), which solves Triffin's Dilemma) CBDC with Ukraine, which according to Strategic Advisor to Ripple Anthony Welfare (the public ledger USD stablecoin), "presents all sorts of interesting opportunities" (see Digital Euro Conference March 31, 2023 (which Ripple was the only blockchain company membered in)), it is also worth noting here that CEO of Ripple colead a fireside chat with then Deputy Counsel of the IMF (now Head of Strategy and Operations, and Deputy to the Head (acting Head January 2022 to September 2022) of the BIS (Bank of International Settlements) Innovation Hub) Ross Leckow at the Singapore Fintech Festival (November 12-16, 2018) in which when asked through a thick seemingly loaded smile and laugh from Garlinghouse an audience submitted question whether or not the IMF could ever custody crypto (which Garlinghouse followed up by laughing that he promises "I did not submit the question"), Ross said, "I'm with the legal department so I need to be very conservative in what I say. For us to do that a country would need to have it as a national currency," Ripple launched the first CBDC (for Royal Monetary Authority of Bhutan (which notably has as its currency the "Ngultrum," which was pegged 1-1 to the Indian (largest population and one of the most well positioned growth economies in the deglobalizing/ed world (see later mention of mobile banking/Ripple presence in India)) Ruppee in 1974 (and remains to this day (also worth noting Bhutan exports 90% to India and imports 70%)))) and at least 4 other countries (additional to the next listed (Montenegro)) under NDA (according to their presentation (given by Strategic Advisor Anthony Welfare) at the Digital Euro Conference March 31, 2023), now is building one for Montenegro (which (strategically/functionally reminiscent of Palau (and through peg Bhutan)) is a Euro microstate which is outside the EU (but uses the Euro as its national currency (noticing a trend?))), Ripple was chosen by the Hong Kong Monetary Authority to participate in the e-HKD (Hong Kong's prospective CBDC) pilot program which will be built on Ripple's CBDC platform (as will all other prior and new CBDC projects) which they announced launch of at the same time as they announced e-HKD participation (partnered with Fubon Bank (wholly owned subsidiary of Fubon Financial Holdings the only Taiwanese Financial Institution with banking subsidiaries in China, Hong Kong, and Taiwan), which (Fubon bank) has NT$4.27 trillion under management (for scale Bank of Taiwan (government owned commercial, priorly central bank of Taiwan (during Japanese rule over Taiwan (taken over by Chinese Nationalist Party when Japanese rule fell and began issuing Taiwanese dollars (also known as Taiwan Nationalist Yuan))), in 2007 merged with the Central Trust (a lot of discursive secondary data but worth noting to understand how big Fubon is)) has NT$5.95 trillion)), demonstrating through/showcasing the use case of tokenization of assets (specifically equity release (reverse mortgage)) in real estate (worth emphasizing the significance of this use case being the tokenization of hard assets (and not just generally a currency flow) and particularly real estate which is the largest global commercial market and particularly Hong Kong (which, Hong Kong, is basically the offshore financial international supercenter of China (also the Hong Kong dollar is pegged to the dollar at 7.9 HKD ~ 1 USD (also consider the small state inroad trends of Palau, Bhutan and Montenegro and the fragile, stagnant state of Chinese economy/growth soon to be mentioned and the fact that while nations present themselves as are warring and sanctioning and cutting each other off of SWIFT financial messaging (not a big deal at all in a eurodollar world, particularly for Russia but portrayed as it (if you want proof markets know/knew this, when sanctions were announced, Bitcoin dumped and gold surged as risk assets tanked and people were buying security..when it was announced it was just SWIFT, the trend reversed proportionately-institutional money knew even if people were stuck in a Jim Cramer/Fedcentric (like heliocentrism) worldview)) etc., the nations of the world, apparently so divided, are sending their Governors and Deputy Governors to meet at conferences to speak with companies like Ripple, R3, and Quant about DLT compatible payment API channeled cross-border interoperability (and forming working groups and taskforces and digital sovereign currency pilot projects, all using the same companies and consortiums of which the companies are always overlappingly chief members) and have been coordinating the general largest migration in financial messaging and to new compatible digital architectures in 50 years since the advent of the SWIFT system, to a standard with the deliberate and specific purpose of being interoperable between them (ISO 20022) with emphasis on cross-border payments (while simultaneously collaborating to build and jointly adopt protocol level internet stacks that unlike dotcom era web 1.0 are monetizable (and, again, interoperable))) while simultaneously ushering in the Basel III/Basel IV era in banking, particularly capital requirements (sidenote: 3 banks produce their banknotes: Standard Chartered Bank (Ripple partner), HSBC (Ripple partner (these two are the only two international commercial (non-central) banks listed as participants in the Bank of International Settlements' (priorly mentioned) Project mbridge (run by Ripple partner Accenture, and King & Wood Mallesons (a law firm (not fintech company) which describes itself as "the global elite law firm for the world to Asia and Asia to the world")))) which aims at cross-border payments between CBDCs in China, the UAE, Thailand, and Hong Kong (the central banks of Hong Kong and the UAE announced collaboration on crypto regulation in a meeting on May 31, 2023 (additional banks representing each country being First Abu Dhabi Bank, Abu Dhabi Islamic Bank and Emirates NBD for the UAE and Bank of China, Citi, HSBC, and Standard Chartered (remember all of these names) for Hong Kong, the specific aim of the collaboration to "make cross-border trade easier and explore how UAE companies can use Hong Kong’s financial infrastructure platforms to access markets in Asia and mainland China.")) specifically (all (aside explicitly for China) extremely strong Ripple countries), aside for two Chinese central planning banks used for international finance (Bank of China, Industrial and Commercial Bank of China), People's Bank of China (China's central bank (only rumors and lots of overlap in partners, Ripple officially hosting PBOC at their headquarters, branch launched in in China as a payments company, and high ranking officials participating chiefly in multinational events with Ripple, which, alongside being partnered with the prior 2 banks which print notes (particularly HSBC), and chosen in Hong Kong for the new digital currency program is particularly significant (for China as a country specifically))))))), China being the largest real estate (or general) market by marketcap in the world, and in profound over-leveraged-capital-flight-and-crushed-consumer-led-insufficient-investment crisis (as of the time of e-HKD announcement), and with respect to the platform, according to Ripple's CTO (again, one of the original developers of the ledger), "[the CBDC platform's technological basis/launch] reaffirms the importance of the XRP ledger [to Ripple's operations/strategy/products] as it's built with the same core ledger technology. It has the ability to interact with the XRP ledger and use XRP as a bridge currency for cross-currency and cross-border payments (it's also worth noting here that Ripple, according to their CEO Garlinghouse, has spent $200 million in the lawsuit to specifically secure the US non-security status of XRP (some people question dumbly if they would use it (Ripplenet (33% more cost efficient than traditional settlement rails) is also 27% more cost efficient (than traditional rails in addition to the base 33% Ripplenet in general gives) using XRP in high volume (low liquidity) than not and an additional 9% even in low volume high volatility (like right now, speculative market behavior pre-mass utility) due to settlement speed (which, again, 4 seconds, is a MASSIVE consideration and improvement alongside costs (literally best of both ends))))), was ranked number 1 company in CBDCs by leading research firm Juniper Research (in their 3/13/2023 report), beating out Visa, Mastercard, Consensys, R3, Stellar, etc., bought a 40% stake in the largest remittance provider (dubbed "Moneygram of") Asia, Tranglo (who (May 29, 2023) announced partnership with Al Ansari Exchange (the largest personal remittance and foreign currency exchange company in the UAE (which was already a Ripple partner with prior emphasis to connect with Moneymatch for cross-border remittances to Malaysia))), XRP was used by Moneygram itself to process payments with written notice to the SEC pre-lawsuit and still has payment rails established (as well as a Moneygram owned patent specifically legislating XRP in settlement of international payments (US11568489B1 (granted January 31, 2023 (expires September 15 2041)))) and is widely speculated as one of Ripple's self-mentioned undisclosed pre-allocation partners (rumor was specifically made of them requesting an absurd 5 billion XRP as part of a deal (later the (priorly mentioned) Stellar Foundation announced intent to buy Moneygram but never did) waiting to implement use), Ripple has a former advisor (Michael Barr) who (from wikipedia) "also was named a volunteer member of Biden's Presidential Transition Agency Review Team to support transition efforts related to the United States Department of the Treasury. It was widely suspected Biden would pick him to be Comptroller of the Currency. He is noted as a chief architect of Dodd Frank and as such faced significant opposition by regulators and the financial sector, being called 'Wallstreet's Nemesis' by Bloomberg Businessweek" and was appointed Vice Chair for Supervision at the Federal Reserve (July 19, 2022), Ripple has a former exec (Dilip Rao) as Program Director who is in charge of Australia's CBDC project, XRP has regulatory clarity in multiple non-US major economies (as implied by the partnerships but made explicit in Canada, the UK, Japan, Switzerland, Singapore (Switzerland of the East), UAE (XRP declared to be "Sharia" (required for banking in islamic countries) by official Shariyah Review Bureau) having additionally been included in a license of CoinMENA, a crypto exchange serving the Kingdom of Bahrain, United Arab Emirates, Saudi Arabia, Kuwait and Oman (other featured assets being Bitcoin, Ethereum, Bitcoin Cash, and Litecoin (notably (with addition of Ethereum Classic) this is the EXACT list of cryptos offered in Ripple's Liquidity Hub))) as well as in the US by FinCEN (Financial Crimes Enforcement Network) and has been in early constant coordination with SEC, DOJ, CFTC etc. (Chris Larsen, cofounder of Ripple, gave a presentation to these three in 2015 demonstrating XRP's utility for instance before the suit), Moneygram (will mention soon) situation with respect to the SEC, a dozen or so meetings with SEC commissioners from early days on to shore up image good conduct etc., all of whom use XRP for their flagship product "On Demand LIQUIDITY" (having launched such a service exactly now monetarily speaking, also launching an enterprise grade solution for liquidity/institutional investing in crypto specifically called "Liquidity Hub."). As of 2018 they were already used in 38+ of the largest 100 banks and multiple region-bridging and dominating staple central banks, are specifically an early added and oft cited in bank/payment whitepapers SWIFT (who crucially publicly stated they will not create a digital currency to compete) compatible DLT on the pacs.008 messaging definition basis (designated specifically for DLTs). They are partnered with over 300 financial institutions (including Bank of America, American Express, Volante, Azimo, Moneygram (launched Moneygram Online in Brazil with other Ripple partner Frente Corretora (smaller partnership (tried to keep list to really relatively primary data) I wouldn't include in this list on its own but mentioning to portray hugely synergistic and global network effect happening (many, many more examples literally everywhere in the world, just using one to show second and third order partnership effects))), Mastercard, Nium (who Visa has invested millions into and partnered with and has a former Moneygram manager as its Head of Global Business (many non-partners are deeply overlapping in newly moved personnel and in collaborative working groups (for another example specific to Visa, Visa just purchased Ripple partner Currency Cloud for 930 million dollars (again, many more examples (even of just Visa symbiotic overlap) and Visa is just one particular major company I am using to portray an trend conceptually)))), Santander, Novatti, BNY Mellon, Standard Chartered, HSBC, Wells Fargo, Accenture (Technology Delivery Partner of the Bank of England's new Real Time Gross Settlement payment system, also a chief project lead in the Bank of International Settlements' Project mbridge (aim to produce international payments in CBDCs)), Amazon Web Services (also publicly declared intent to use of Interledger Protocol for interoperable cross-chain (and presumably cross-currency in general) payments), PNC, SBI Holdings, Bank of England (UK's central bank), Federal Bank of India (over 50% of India is already integrated with Ripplenet "or in a processing deal" (according to Ripple Board member Asheesh Birla (way back in 2018), claiming they began to target big banks but noticed targeting mobile banking would be more effective)), Axis Bank (third largest private bank in India), Central Bank of Singapore (also with Ripple as part of Mojaloop Foundation), Bank of Tokyo-Mitsubishi UFJ (Japan's biggest bank), the Japan Bank Consortium, Royal Bank of Scotland, National Bank of Egypt (Egypt's biggest bank), QNB Group (biggest bank in Qatar and largest financial institution in the Middle-east in general), National Bank of Abu Dhabi (largest bank in Abu Dhabi), Siam Commercial Bank (Thailand's biggest (and first) bank), SADAD Bahrain (Al Baraka Islamic Bank (a Central Bank of Bahrain licensed islamic bank) through licensed payment channel in Bahrain), Canadian Imperial Bank of Commerce, Attijariwaffa Bank (biggest bank in Morocco (even bigger than the central bank)), Itaú Unibanco (Brazil's largest bank and the biggest bank in Latin America in general), Global Money Express (largest non-bank remittance provider in South Korea), Shinhan Bank (second largest bank in South Korea), Woori Bank (fourth largest bank in South Korea (XRP is also the largest volume crypto trade in South Korea in general)), National Bank of Australia, Visa (licensed by Bank of Indonesia) through Ripplenet partner Nium, FOMO Pay (member of Singapore Clearinghouse, also SWIFT member), integrated into CHIPS (largest private USD central clearinghouse in the world clearing and settling $1.8 trillion per day)+Fednow+SWIFT all have the same Ripple partners as tech providers (Volante (chosen for Fednow payment pilot (Cross River Bank also chosen (first bank ever signed by Ripple)), also partnered with CHIPS and powered their first Real Time Payment transaction with their Volpay service which Fedwire also runs already), Finastra, TAS, Tenemos (all four preceding are also listed on SWIFT's website as providers for CBPR+ (defines how ISO 20022 should be used for cross-border payments and cash reporting on SWIFT network messages)), CGI, Fiorano, Eastnets, ACI (chosen for Fednow's payment pilot)), MTN Group (largest telecom company in Africa) and Orange (another African telecom), partnered through Ripple partner Flutterwave to receive payments in Cameroon, and Mojaloop in general, using Ripple's Interledger Protocol jointly on the "Mowali" wallet, aimed at "banking the unbanked," (available for any mobile money provider in Africa), MFS Africa (pan-African fintech (who themselves are partnered with Western Union), 400 million mobile wallets across 35 African countries (ODL (On Demand Liquidity) was already available in 2022 in 13 African countries (Benin, Burkina Faso, Cote d’Ivoire, Egypt, Ghana, Kenia, Mali, Niger, Nigeria, Senegal, South Africa, Togo and Uganda) per "African Blockchain Report 2022" done by CV VC with remittance corridors to the UK and US and 19 different European countries from Tanzania, Rwanda, Ghana, Kenya, Uganda through Tanzanian fintech NALA (included as one example of several which exist bridging hyper-disparate but dense remittance corridors which bridging developed and undeveloped economies, synthesizing the payment software and method in the west but launching it, once more inward towards the west while tapering adoption and migration through regulation and coordinated and multi-system-synchronized migration schedule, regularly updated and freely available for view in relevant bank/publicly published financial services docs or on the website of SWIFT or various central banks etc., the migration itself being well in the works and planned for year, Bitcoin (noteworthy aside: "Satoshi Nakamoto" creator(s) of Bitcoin famously said in 2009 that XRP was "interesting in that it is the only system which does something with trust besides concentrate it into a central server.") itself (a sort of Netscape level XRP 1.0) having launched conspicuously immediately after the eurodollar system dysfunction fully manifested materially in real economy metrics (to say nothing of early financial indicators much, MUCH (years) earlier) like GDP and needed stemming in 2008-2009 while this all was worked out and played out downstream in an ordered and constrained/controlled way)). It's also worth noting Ripple requires no central clearinghouse (and therefore no associated payment frictions or wait times or correspondent banking staff (XRPL settles in 4-8 seconds for substantially less than a penny per transaction (current crossborder payments can take a week (it would literally be faster often times to load the physical bills onto a plane and fly it to its destination) and on average eats up 7% of principal (can be SUBSTANTIALLY more through more disparate or high friction channels)) and Ripplenet once usage ramps and volatility correspondingly drops can save up to 60% on processing costs to remitters and can already, even in current volatility and levels of use, save 42% consistently vs. traditional solutions)), has a decentralized exchange built into the ledger, will have both an automated market maker and order book and has a feature known as "rippling" which, per XRPL.org:
"In the XRP Ledger, "rippling" describes a process of atomic net settlement between multiple connected parties who have trust likes for the same token. Rippling is essential, because it allows users who hold tokens to send those to each other with the issuer as a passive intermediary. In a sense, rippling is like a passive, two-way exchange order with no limit and a 1:1 exchange rate for two tokens with the same currency code but different issuers. Rippling only occurs along the paths of a payment. Direct XRP-to-XRP payments do not involve rippling. For non-issuing accounts, rippling can be undesirable because it lets other users shift obligations between tokens with the same currency code but different issuers. The No Ripple Flag disables rippling by default when others open trust lines to your account, unless you enable rippling by default using the Default Ripple Flag," which, has very obvious benefits and fundamental appeal as a monetary unit and system of account and exchange generally and value tokenization generally. Additionally, the XRPL has never had a single service outage in 12 years (as opposed to traditional payment settlement  and messaging networks like SWIFT which all have multiple times across the same timeframe) and famously works offline.

Additional stuff worth knowing:

Ripple hired 2 former senior White House advisors (Gene Sperling (hired 2015 at same window as Fed lawyers) and Michael Warren (Obama WH, hired 2022)), hired former CFO of Paypal (Bret Allenbach, also in 2015), hired former CEO of the DTCC as advisor (Donald Donahue, also hired in 2015), hired former Chief Business Officer at Uber (Brooks Entwistle, hired 2021) as Managing Director of the APAC region (Prior to Uber, he spent >18 years at Goldman Sachs, rising from associate to Managing Director and Chairman of GS' unit in Southeast Asia), hired former Amazon Vice President of Delivery Experience (Devraj Varadhan, also hired in 2021h as Senior Vice President of Engineering), hired former Business Director at SWIFT (Sarjan Delatinne, hired 2017) as Sales Director for Europe, hired 2 former SEC lawyers to represent them in lawsuit versus SEC (Andrew Seresny, former Director of Enforcement) and former SEC Chairwoman (Mary Jo White) to represent them in a civil lawsuit relatively early in their company's history. It's also worth noting that Ripple partners (such as Tranglo and UAE's Lulu Money) are beginning (this document written May 2023) to partner together to offer broader and more interconnected remittance corridors. It is like simultaneously tracing tributaries backwards whose whole points was to expose the river junctures they merge to, leading increasingly inward (and westward) and larger with centrally positioned but popularly nondescript points of entry. I also left out many smaller remittance/banking/payment general partners which together portray this same many networked dynamic. Ripple has also participated in multiple pilot programs with other central banks (Banque de France, Bank of Russia, etc.) big banks/payment companies like Credit Suisse, Natixis, R3, SIX Digital Exchange (teamed up (SIX Digital Exchange did) in 2020 with HUGE Ripple partner and ODL user (which exclusively uses XRP) SBI Holdings (whose CEO says in 2025 every bank in Japan will be using XRP (these types of connections are endless (using this to also portray this) and unquestionable and not existent for other competitors on this level)) to bring institution level crypto investing to Singapore) and UBS-largest private bank in Switzerland (which forcibly subsumed Credit Suisse recently)-(as example, worked with particularly the exact companies previously listed specifically (Credit Suisse, Natixis, R3, SIX Digital Exchange) along with the Banque de France and the Swiss National Bank (Switzerland's central bank) and the Bank of International Settlements' Innovation Hub through the Digital Pound Foundation in "Project Jura" and listed as one of four available APIs (along with Hyperledger, R3 (which is a company I could really make a long post about also and I would highly recommend some XDC as well (they are associated with XRP as well deeply)) and Ethereum). Plenty of other examples like this and central/big banks/payment company working papers/studies including and principally featuring Ripplenet and XRP (so many of these types of projects/papers and overlapping, increasingly layered/enriched partnerships it would make the list unreadably long to list relatively exhaustively but would in consideration of the whole with all listed here provide a very compelling picture of things) with plenty of central banks and other big banks with often a lot of overlap in the payments companies included) studying (particularly cross-border) payments, CBDCs, etc.

Ripple were also recently, in massive flashing top to bottom of building public advertisement, congratulated for their acquisition of Metaco (again, a company specializing in custodying and governing digital asset transactions/operations, mandated by 6 out of top 10 global custodians (including Citi, BNP Paribas, etc.))  by Nasdaq, on the premier corner-of-intersection display feature of their (Nasdaq's) corporate headquarters in New York City. Ripple also recently purchased an undisclosed sized stake in already ODL partner, crypto exchange Bitstamp (as of May 28, 2023, 6th largest cryptocurrency exchange by spot trading volume with 30% of total being XRP, longest running crypto business (11 years) and fully regulated payment institution in Luxembourg (as of 2016) allowing it to become first fully licensed crypto exchange in Europe with original license to operate in Luxembourg (mentioning all of this to note expansion beyond bank-to-bank payments (and payments in general (which CEO Brad Garlinghouse said will be like the book operation is to Amazon for Ripple)))) and have $1 billlion in cash their CEO Brad Garlinghouse says they are eager to deploy similarly.